$1M Dollar Investment announced for East Grand Bahama. The investment will be the first of a global network of coral farms capable of sustaining reefs for future generations. The Grand Bahama Development Company and the Grand Bahama Port Authority (GBPA) have partnered with Coral Vita to bring this world class project to life, the public announcement, with a special Ground Breaking and Blessing of the project, was held on Thursday, November 29th in Eastern Lucaya.